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Automotive News Headlines - Yahoo! News
  • Debt Collector Owes Over $33K for Making Woman's Life 'Hell'

    Debt Collector Owes Over $33K for Making Woman's Life 'Hell'A debt collector who uses the name “John Anderson” when making calls is now a debtor himself after a California woman sued him and the debt collection agency he worked for.Anderson, whose real name and employer ABC News’ “20/20” has agreed not to divulge, said he’s “one of the best in the world” at his job. He said he follows the law, for the most part.“ push the edges a little bit sometimes,” Anderson told “20/20.” “You’re not supposed to call after 9 o’clock at night. I might call at 9:15 . ...




  • Carlyle, Old Mutual to acquire South African tyre firm from Ethos
    JOHANNESBURG (Reuters) - U.S. buyout firm Carlyle Group LP and the private equity arm of insurer Old Mutual have agreed to buy South African tyre retailer Tiger Automotive from Ethos Private Equity, Ethos said on Wednesday. The deal, still subject to approval from South African competition regulators, is for an undisclosed sum, Ethos said. This marks the first acquisition for Carlyle's $700 million African fund in the continent's most developed economy.

  • Australia's data-retention plans look increasingly out of touch
    The tide is turning against mass digital surveillance, both politically and commercially, but is Attorney-General Brandis capable of even noticing, let alone changing, course?

  • Visteon in talks to sell South Korean unit to local PE firm

    visteonSEOUL (Reuters) - U.S. automotive parts maker Visteon Corp was in talks to sell a controlling stake in its South Korean unit Halla Visteon Climate Control Corp to a local private equity firm, Halla Visteon said in a regulatory filing on Tuesday. Halla Visteon said Visteon, its major shareholder, notified it that talks with Hahn and Company to sell its stake were under way. Halla however had no further details on the terms of the deal. On Monday, Korean media reported that Visteon Corp had signed a preliminary deal to sell its controlling stake in Halla Visteon for $3.6 billion. ...




  • Visteon eyes $3.6 billion sale of South Korean unit: reports

    visteonSEOUL (Reuters) - U.S. automotive parts maker Visteon Corp has signed a preliminary deal to sell its controlling stake in South Korea's Halla Visteon Climate Control Corp to a local private equity firm for $3.6 billion, Korean media reports said.




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